Bitcast Price(SN93)

Bitcast (SN93) is a decentralized platform built as Subnet 93 on the Bittensor network. Its primary function is to incentivize content creators, connecting them with brands and audiences. The project integrates Web2 and Web3 components, using platforms like YouTube for content hosting and audience reach, while leveraging the Bittensor blockchain for its incentive layer and trust mechanisms. The core idea behind Bitcast is to streamline influencer marketing by removing intermediaries such as ad agencies. It operates through a programmatic system where creators produce content, mainly YouTube videos, that aligns with specific briefs provided by brands. Bitcast uses artificial intelligence to verify that the creator's content matches the brief and assesses engagement metrics, such as channel retention, to determine rewards. Creators participating in the Bitcast ecosystem earn rewards based on their content's engagement, offering them a new revenue stream. For brands, Bitcast provides an avenue for cost-effective and authentic outreach through organic creator videos, along with rich analytics. The system aims to be transparent, with payments to creators handled directly through the network protocols. Bitcast is open-source and has a publicly available GitHub repository. As a subnet on Bittensor, it is focused on content marketing, making it a unique application within the network, which often focuses on AI model training. In a recent event, Bitcast (SN93) executed a notable burn of its Alpha tokens. Learn more

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